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SUZLON ENERGY Gains 4%; BSE OIL & GAS Index Up 0.4%
Tue, 10 Sep 9:29

SUZLON ENERGY Gains 4%; BSE OIL & GAS Index Up 0.4%Image source: peterschreiber.media/www.istockphoto.com

SUZLON ENERGY share price has zoomed 4% and is presently trading at Rs 76.2.

Meanwhile, the BSE OIL & GAS index is at 31,317.7 (up 0.4%).

Among the top gainers in the BSE OIL & GAS index today are Indraprastha Gas (up 1.3%) and BPCL (up 0.8%).

Over the last one year, SUZLON ENERGY has moved up from Rs 23.8 to Rs 76.2, registering a gain of Rs 52.4 (up 220.4%).

On the other hand, the BSE OIL & GAS index has moved up from 19,163.5 to 31,317.7, registering a gain of 63.4% during the last 12 months.

The top gainers among the BSE OIL & GAS index stocks during this same period were HPCL (up 148.7%), BPCL (up 98.6%) and IOC (up 93.0%).

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What About the Benchmark Indices?

The BSE Sensex is at 81,691.1 (up 0.2%).

The top gainers among the BSE Sensex today are Power Grid Corp. (up 1.4%) and Bharti Airtel (up 1.3%). The most traded stocks in the BSE Sensex are Tata Steel and SBI.

In the meantime, NSE Nifty is at 25,007.0 (up 0.3%). Power Grid Corp. and Divis Laboratories are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,880.5 to 81,691.1, registering a gain of 15,810.6 points (up 24.0%).

SUZLON ENERGY Financial Update...

SUZLON ENERGY net profit grew 199.6% YoY to Rs 3,023 million for the quarter ended June 2024, compared to a profit of Rs 1,009 million a year ago. Net sales rose 49.6% to Rs 20,216 million during the period as against Rs 13,510 million in April-June 2023.

For the year ended March 2024, SUZLON ENERGY reported 77.1% decrease in net profit to Rs 6,604 million compared to net profit of Rs 28,873 million during FY23. Revenue of the company grew 9.4% to Rs 65,291 million during FY24.

The current Price to earnings ratio of SUZLON ENERGY, based on rolling 12 month earnings, stands at 120.6.


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